#job-costing
Track costs per project or job for accurate profitability analysis
NEMT providers face a documented audit risk unlike most small businesses — a 2022 federal audit found 72% of sampled New York claims non-compliant, and billing a no-show as a completed trip can trigger False Claims Act penalties starting at roughly $14,000 per claim plus treble damages.
Private investigation agencies should book client retainers as liabilities until earned, track costs per case with job costing, and classify subcontractors correctly to avoid misclassification penalties and licensing risk.
Installation labor runs close to 60% of a full vehicle wrap's cost, yet most wrap and tint shops book it in monthly lump sums that hide per-job losses. This guide covers splitting tint, wrap, and PPF revenue lines, tracking redo hours and revenue per bay-hour, booking deposits as liabilities, and measuring film yield against a 10-15% waste allowance.
Percentage-of-completion accounting recognizes contractor revenue in proportion to costs incurred using the cost-to-cost method, and a monthly WIP schedule tracks the resulting overbilling and underbilling under ASC 606.
A working contractor's guide to Davis-Bacon compliance in 2026, covering the redesigned WH-347 certified payroll form, fringe benefit annualization, apprenticeship ratios measured daily, the 2023 final rule and 2024 truck-driver injunction, and how the Inflation Reduction Act's five-times tax credit multiplier ties prevailing wage compliance to clean-energy projects.
A practical bookkeeping playbook for solo and two-to-five-truck handyman operators — ASC 606 treatment of time-and-materials and flat-rate work, state licensing dollar thresholds, W-2 vs 1099 subcontractor exposure under the 2024 DOL rule and state ABC tests, Section 179 and de minimis safe harbor for trucks and tools, and the four KPIs that show whether the schedule is profitable.
How residential roofers and storm restoration contractors should handle ASC 606 variable consideration, Section 460 elections, supplemental claim revenue, customer deductibles under state law, OSHA fall protection costs, and the KPIs (squares per crew-day, gross margin by channel) that separate profitable shops from busy ones.
Custom decorator shops sit at the crossroads of manufacturing, retail, and service work. This guide walks through the four-layer job cost model, ASC 606 treatment of customer deposits on custom goods, Section 179 expensing of presses and embroidery machines, and the press-hour and stitch-hour KPIs that separate profitable shops from merely busy ones.
How HVAC contractors should structure their books: deferred revenue under ASC 606 for maintenance plans, EPA Section 608 and AIM Act refrigerant recordkeeping after the 15-pound threshold and R-410A phase-down, Section 179 deductions for service vans, and the five KPIs that actually predict cash flow.
How independent residential GCs and custom home builders should structure their books — Section 460 method election, phase-level job cost categories, deposit and retainage handling, mechanics lien waiver discipline, warranty reserves, and the NAHB KPIs that matter.
How residential and commercial solar EPCs should structure ASC 606 performance obligations, document the Section 48E domestic content and energy community adders, reserve for workmanship warranty per kilowatt, and survive the post-Section 25D residential market in 2026.
How window cleaning and pressure washing operators job-cost sodium hypochlorite chemistry, capitalize reverse osmosis water-fed pole rigs under Section 179, recognize recurring maintenance contracts under ASC 606, and avoid 1099 misclassification under state ABC tests — with KPI benchmarks for revenue per truck and effective per-hour rate by service line.
